Tag: crypto

Crypto, News

Uniswap Fined $175K By CFTC, But Market Reaction Signals Optimism

In a recent order issued by the U.S. Commodity Futures Trading Commission (CFTC), Uniswap Labs was fined $175,000 for offering illegal digital asset derivatives trading. This case specifically revolved around Bitcoin and Ethereum leveraged tokens that were deemed leveraged or margined commodity transactions. According to the CFTC, these tokens were […]

Crypto, News

Bitcoin Holders Remain Steady Despite Market Fluctuations

Addresses holding between 100 and 1,000 BTC have shown remarkable resilience amid recent market volatility. Over the past few months, these addresses have been steadily accumulating Bitcoin and now control 20.3% of the total circulating supply. This consistent accumulation highlights a strong belief in Bitcoin’s long-term value among significant holders. […]

Crypto, News

Ethereum Foundation Financials And Market Activity: Key Updates

Justin Drake from the Ethereum Foundation recently shared in an AMA that the foundation’s financial report is forthcoming. Currently, the foundation’s annual expenditure is around $100 million. With approximately $650 million held in ETH reserves and enough fiat reserves to sustain operations for about a decade, the foundation is well-positioned. […]

Market Analysis

SOLANA PRICE ANALYSIS & PREDICTION (September 6) – Sol Consolidates Above A Critical Support After A Week Drop, Where Next?

Continuing the bearish momentum, Sol’s price dipped near a key support level this week but quickly recovered. It is currently in the middle of consolidation, gathering momentum for the next major move. Sol closed last month’s trading very weak after failing to push above the $164 level. This led to […]

Market Analysis

TRON PRICE ANALYSIS & PREDICTION (September 6) – TRX Undergoes Retracement Amid Falling Market, Bullish Trajectory Remains Intact

TRX is now undergoing a retracement after posting an impressive gain last month. However, it may resume buying as its overall market outlook remains bullish monthly following a 200% increase in the past year. Tron’s bullish trajectory has remained technically valid from a long-term scale despite past months of bearish […]

Crypto, News

Fetch.AI (FET) On-Chain Activity Shows Growing Investor Confidence Amid Price Fluctuations

Fetch.AI (FET) is showing signs of strong investor interest and increasing on-chain activity despite recent market fluctuations. Currently, 48% of wallets holding FET are in profit, while 43% are in loss. This demonstrates a balanced but resilient market for the token. Over the past week, transactions involving amounts over $100,000 […]

Crypto, News

The Rise Of DeFi Blue-Chip Tokens: A Strong Market Presence And Investor Interest

The term “blue-chip,” borrowed from traditional finance, has found its place in the DeFi world, referring to governance tokens of top decentralized finance protocols. These tokens, including UNI, AAVE, COMP, MKR, CRV, SNX, LDO, and DYDX, have established themselves as leaders since their launch during DeFi Summer 2020. Uniswap (UNI) […]

Crypto, News

TRON Network Sees Surge In Activity, Leading Blockchain Revenue In August

In August, the TRON network demonstrated significant growth, processing nearly 230 million transactions, marking a 7.8% increase from July. This surge underscores the ongoing momentum in TRON’s network activity as it continues to expand its footprint in the blockchain space. The @trondao network processed nearly 230 million transactions in August, […]

Crypto, News

TON Blockchain Surpasses 1 Billion Transactions Following Successful USDT Integration

The TON blockchain has reached a significant milestone, surpassing 1 billion transactions—a testament to the network’s rapid growth and increasing adoption. This achievement comes shortly after TON accomplished its ambitious goal of integrating USDT across more than 100 platforms, a target set earlier this year. TON recently achieved the ambitious […]

Crypto, News

Cumulative Daily DEX Volume Hits 2024 Low As Solana Leads In Active Addresses

On August 31, 2024, cumulative daily DEX volume across all chains dropped to $2.58 billion, marking its lowest level since February 4. This significant decline highlights a sharp downturn in on-chain activity, raising concerns about the current state of decentralized exchanges (DEXs). 🚨Report: On August 31, 2024, cumulative daily DEX […]

Crypto, News

$VISTA Coin Surges 435x, Redefines Ethereum Token Launches With Focus On Security And Fairness

The platform coin $VISTA made headlines after an astounding surge of 435 times following its online debut. This meteoric rise has placed $VISTA at the forefront of Ethereum’s ecosystem, even propelling the Ethereum main network’s 24-hour gas consumption to the top spot. Ethervista, the platform behind $VISTA, has also outpaced […]

Crypto, News

Top Tokens By Social Volume: Bitcoin, Cardano, And Velo Protocol Lead Monday’s Conversations

As the new trading week kicks off, several cryptocurrencies have seen a notable rise in social volume, driven by various discussions and community activities. Bitcoin ($BTC) is at the forefront, with significant chatter centered around the challenges currently facing bitcoin miners. Conversations are also focused on potential price dips and […]